12 E Forest Ave Ypsilanti, MI 48198
For Sale
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This exceptional 58,925-square-foot industrial property presents a significant redevelopment opportunity in Ypsilanti, Michigan. Located at 12 E Forest Ave, this single-story warehouse boasts three loading docks and three dock-high doors, offering versatile space suitable for various manufacturing, distribution, or warehouse uses. Situated on 2.56 acres of land in the Depot Town submarket, this property benefits from a strategic location near the vibrant heart of Ypsilanti's revitalized Depot Town, offering high visibility and convenient access to Michigan Avenue and I-94. The property's proximity to the soon-to-be-redesigned Freighthouse Plaza further enhances its appeal and accessibility, promising significant growth potential. The zoning is PMD (Production, Manufacturing, Distribution), and the property features a convenient address on N Huron River Drive, with a cross street of Market Pl. The property's location in Washtenaw County, with an APN of 11-99-03-304-550 and zip code 48198, offers easy access to major transportation routes and a thriving local economy. This is an unparalleled chance to secure a substantial industrial space in a rapidly developing area. The entire 58,925 square feet is currently vacant, providing immediate occupancy.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2019Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
SPLIT · Ypsilanti, MIYpsilanti. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.